11
May
14:00
LITHIUM: China’s Ganfeng plans takeover of Bacanora Lithium
London-listed Bacarona Lithium has agreed to a possible takeover offer by Ganfeng International Trading at a price of 67.5 pence per Bacanora share, Kallanish reports.
The planned deal was announced by the parties late last week, with Ganfeng saying it offered to buy the shares it doesn’t already own in Bacanora for up to £190 million ($268.8m). The transaction values Bacanora at around £267m and offers shareholders a roughly 50% premium on the c…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous